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Category Archives: State Board Reports
CPT Establishes 50th StudentCPT Chapter
SHARE: The NASBA Center for the Public Trust (CPT) is celebrating the establishment of its 50th StudentCPT Chapter on the campus of Tennessee State University (TSU), in Nashville, TN. Housed within the University’s College of Business, the TSU StudentCPT chapter was established as part of the CPT’s HBCU initiative, which aims to launch student chapters…
AICPA Issues Letter to Dept of Homeland Security on STEM
SHARE: As the profession continues to pursue accounting as part of STEM programs in schools through federal legislation (H.R. 3855 – Accounting STEM Pursuit Act of 2021), NASBA, the AICPA, and more than 45 State CPA Societies recently signed onto a letter to request that several Classification of Instructional Program (CIP) codes be added to…
Accounting Education Research Grants Awarded
SHARE: Recipients of NASBA’s Accounting Education Research Grants program were recently approved by the NASBA Board of Directors during the Board’s July 2022 meeting. The program, which is spearheaded by NASBA’s Education Committee, was established in 2011 to advance research on educational issues impacting CPAs, the public accounting profession and stat boards’ charge to protect…
51 Boards Represented at Regionals
SHARE: Representatives from 51 State Boards of Accountancy convened in Colorado Springs, CO, June 7-9, and White Sulphur Springs, WV, June 27-29, for NASBA’s 2022 Regional Meetings. Held annually, the meetings offer a forum for state board representatives to build rapport and to address key topics of mutual concern impacting Boards of Accountancy, NASBA, and…
115th NASBA Annual Meeting Heads to San Diego
SHARE: NASBA is excited to announce its 115th Annual Meeting will take place October 30 – November 2, 2022, in San Diego, CA. Registration is currently open with early bird rates available now through Monday, September 26. Beginning September 27, fees will increase $100. As NASBA continues to place the safety of its member boards,…
Full Issue: Spring 2022
Rubin Appointed to New PCAOB Advisory Group
SHARE: In May 2022, NASBA Past Chair Diane Rubin, CPA, was appointed to the newly formed Public Accounting Oversight Board (PCAOB) Standards and Emerging Issues Advisory Group (SEIAG). According to a recent PCAOB announcement, the SEIAG was established to advise on existing standards, proposed Diane Rubin standards, potential new standards, and emerging issues that are…
President’s Memo: Re-Thinking the Future
SHARE: If there has been a common theme to most of the conversations I have had across the country this year, it is a recognition that while change is inevitable, there has been a significant amplification (or at least an enhanced recognition) of change over the past couple of years. NASBA, like any other association…
New Definition of Public Interest Entities by IESBA
SHARE: Forget what you thought you knew about public entities and how they are defined. The International Ethics Standards Board for Accountants (IESBA) has redefined what it means to be a public entity. According to a recent article on IESBA’s website, the organization has expanded the definition of a PIE, or Public Interest Entity, along…
The Link Between COVID Relief Funds and Required Audits
SHARE: According to a recent article featured on the Pennsylvania Institute of CPAs (PICPA)’s website, organizations that received more than $750,000 in COVID relief funds could be required to have a single audit or a program audit. Subsequently, this will result in roughly 30,000 new single audits across the U.S. If you are a practitioner…